Germany’s benchmark DAX index climbed 1.2% on 9 July to reach an all-time high of 24,497 points, capping a session in which major European bourses advanced in tandem. The increase extended a continent-wide rally, with market data showing broad gains across France, Italy, Spain, the Netherlands and the United Kingdom. Subsequent inflation releases on 11 July painted a picture of contained price pressures. Germany’s Federal Statistics Office said wholesale prices rose 0.2% from May and 0.9% from a year earlier in June, led by higher food and metals costs. In France, final figures confirmed consumer prices grew 1.0% year-on-year in June, while the harmonised index of consumer prices ticked up 0.9%.